Bankruptcy Law Firm in Bedford, TX

Bankruptcy is based on both federal and state laws. Under these statutes,
protections are given for the debtor who is striving to resolve their
debt issues and become financially secure. Under the 2005 Bankruptcy Act,
all individual debtors who file for bankruptcy must undergo a credit counseling
course within six months prior to starting the bankruptcy process. They
must also complete a financial management instructional course post-bankruptcy. At
The Law Office of Mark B. French, we can explain the laws pertaining to your situation.

Our firm's Bedford bankruptcy lawyer can assist with the following aspects
of bankruptcy:

Bankruptcy Myth - Many statements made regarding bankruptcy are false. If you are wondering
which statements regarding bankruptcy are true and which are false, read
through this bankruptcy myths page. We can help you develop a fact-based
understanding of the process of bankruptcy.

Chapter 7 - Chapter 7 of the United States Bankruptcy Code is known as the liquidation
form of bankruptcy. Assets that are not protected by the law are collected
by a trustee and sold to pay off your debts to creditors. In order to
qualify for Chapter 7 bankruptcy, the debtor must take the means test
to prove that he or she makes less than the state median income.

Chapter 13 - Under federal law, Chapter 13 is the type of bankruptcy that allows a debtor
to restructure his or her debts into a repayment plan. The plan typically
lasts three or five years. Under Chapter 13, debtors are able to keep
their property and simply pay off their debt over time. If you do not
qualify for Chapter 7 based on the means test, you can likely file under
Chapter 13.

Creditor Harassment - Are you facing abuse or harassment from a creditor? Although creditors
have the legal right to collect what is owed to them, harassment is not
permitted. Speak with our firm today for legal assistance handling the
creditor harassment that you are facing. Some of the common forms of creditor
abuse are threatening harm, using obscene language, and contacting family members.

Credit Restoration - One of your major concerns during bankruptcy will likely be restoring or
repairing your credit. With the legal assistance of a knowledgeable lawyer,
you can regain good credit sooner than you anticipate. Under the Fair
Credit Reporting Act, you are granted specific provisions as a debtor
that our firm can help you understand.

Debt Relief - If you are suffering from a heavy financial disaster, you can obtain debt
relief through the help of our firm. You likely do not know all of your
options for debt relief, which we can explain to you. Debt negotiation
is just one of many remedies for debt relief.

Filing for Bankruptcy -One of the most stressful legal actions that an individual or business
can encounter is filing for bankruptcy. If you are considering filing
for bankruptcy, you should obtain solid legal guidance from our firm.
We can discuss the process of declaring bankruptcy in Texas and help you
determine whether to pursue Chapter 7 or Chapter 13.

Foreclosure Defense - Foreclosure is the legal process of reclaiming a home or property to recover
the outstanding balance on a mortgage. You have several options to prevent
or delay the foreclosure process, such as filing for Chapter 13 bankruptcy.
Our firm can help you understand the specific state laws if you are facing
the foreclosure process in Texas.

Life After Bankruptcy - Although you are currently in this financial mess, there is life after
bankruptcy. In this section, our firm provides informative tips on how
to successfully move forward with your life to avoid future financial
disaster. One advantage of life after bankruptcy is that you do not have
to stress over the constant creditor harassment and burden associated
with your debts. You do not have to take on the emotional stress and embarrassment
that often accompanies filing for bankruptcy. We can provide you with
the tools you need for a successful financial future.

Successfully Navigating Bankruptcy in Texas

No matter what your situation, our firm can take action to help you navigate
the process of bankruptcy successfully. Our firm's philosophy is that
bankruptcy should be avoided when possible. When this debt relief method
is necessary, however, we can craft a remedy aimed at achieving maximum
financial relief. We understand that filing for bankruptcy is a challenging
experience. Take action by scheduling a case evaluation with our firm
at once. Our Bedford bankruptcy attorney personally handles the various
aspects of our clients' bankruptcy cases.

Everyone makes mistakes, take a look at few common ones you can avoid.

The information on this website is for general information purposes only.
Nothing on this site should be taken as legal advice for any individual
case or situation. This information is not intended to create, and receipt
or viewing does not constitute, an attorney-client relationship.